Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka Central Bank has put multiple effort to reduce the domestic borrowing cost to boost the economy

Exchange RateJun 16, 2020
Sri Lanka Central Bank has put multiple effort to reduce the domestic borrowing cost to boost the economy
Sri Lanka interest rates (Treasury Bill rate) have fallen by 1.5% while New Bank Lending rates also have fallen by 1.13% by April as per the latest data. AWPR has fallen from 9.94% (end December) to 8.90% (June). CBSL has cut benchmarked interest rate multiple times and SRR while printing over LKR 243Bn from End December to June. Meantime they have kept excess liquidity elevated from LKR 36Bn from end December to LKR 80Bn in June. Yet the growth is slow.

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